Wonder what it is like being a home buyer these days?
It takes more than just finding a suitable house:
The Buyer Struggle
by Jim the Realtor | Dec 7, 2015 | Bubbleinfo TV, Jim's Buyer Representation, Jim's Take on the Market, Listing Agent Practices, Thinking of Buying?, Why You Should Hire Jim as your Buyer's Agent | 2 comments
Final score in this negotiation was that we were willing to pay 28% over what the seller paid in 2013, and he held out for 37% more. Good luck to him.
This same scenario happens in the majority of the negotiations – buyers need to make several offers and get lucky just to find the right house, right listing agent, and right seller. Or just pay whatever it takes, which unfortunately for them is what usually happens.
The common response from listing agents is to belittle the comps, insult the buyer’s agent, then blame the seller for sticking to his price. In the end, they just wait for a frustrated buyer to throw in the towel, or for the market to catch up. Either way, houses are selling in spite of the listing agent in many cases.
I think they should make the RE Licensure exam harder.